Call reports 2007
MERRILL LYNCH BANK USA — 2007
What MERRILL LYNCH BANK USA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 61,365,783,000 | 60,879,265,000 | 77,648,574,000 | 78,133,893,000 |
| Total loans | 35,257,061,000 | 36,043,910,000 | 38,816,159,000 | 36,293,436,000 |
| Allowance for loan losses | 247,783,000 | 218,861,000 | 255,984,000 | 171,134,000 |
| Securities available for sale | 20,444,892,000 | 19,088,289,000 | 23,082,917,000 | 22,560,834,000 |
| Securities held to maturity | 2,318,000 | 2,281,000 | 2,257,000 | 2,160,000 |
| Trading assets | 1,666,756,000 | 1,475,048,000 | 1,410,466,000 | 934,140,000 |
| Total deposits | 52,475,710,000 | 51,601,084,000 | 52,003,766,000 | 56,346,762,000 |
| Interest-bearing deposits | 52,432,374,000 | 51,541,870,000 | 51,954,595,000 | 56,303,703,000 |
| Noninterest-bearing deposits | 43,336,000 | 59,213,000 | 49,170,000 | 43,058,000 |
| Equity capital | 5,832,455,000 | 5,451,651,000 | 6,245,209,000 | 5,442,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,056,371,000 | 2,068,577,000 | 3,216,755,000 | 3,775,684,000 |
| Interest expense | 509,620,000 | 983,805,000 | 1,579,364,000 | 2,220,018,000 |
| Net interest income | 546,751,000 | 1,084,772,000 | 1,637,391,000 | 1,555,666,000 |
| Noninterest income | 326,750,000 | 662,859,000 | 815,878,000 | 750,837,000 |
| Noninterest expense | 166,006,000 | 376,169,000 | 543,506,000 | 603,598,000 |
| Provision for loan losses | 1,520,000 | -6,708,000 | 24,104,000 | 66,558,000 |
| Pretax income | 711,828,000 | 1,381,166,000 | 1,811,303,000 | 1,014,589,000 |
| Income tax | 266,525,000 | 508,808,000 | 661,260,000 | 374,249,000 |
| Net income | 445,303,000 | 872,358,000 | 1,150,043,000 | 1,002,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,694,176,000 | 5,363,835,000 | 6,615,814,000 | 6,511,001,000 |
| Total capital | 6,591,071,000 | 6,262,298,000 | 7,545,678,000 | 7,367,944,000 |
| Risk-weighted assets | 57,187,725,000 | 58,415,193,000 | 64,913,392,000 | 60,497,127,000 |